While some angel investor groups have been slow to adapt to the changing world of capital formation for small businesses, SyndicateRoom, a UK based equity crowdfunding platform, recently had two different angel networks turn to their platform to funding
Demonstrating a growing willingness to work with new technology the Minerva and Envestors angel networks recently listed deals on the SyndicateRoom site.
Midlands business angel network Minerva brought Cipher Surgical, developers of a revolutionary self-cleaning laparascope, to the crowdfunding table. The medical device, known as ‘OpClear’, instantly cleans all debris from the lens of the laparascope with a short blast of high-speed CO2. It does this at the touch of a foot switch during surgery, thus removing the need to withdraw the scope for manual cleaning. OpClear claims to economically increase theatre productivity, reduce risk to the patient, and eliminate a significant frustration for the surgeon.
Envestors turned to SyndicateRoom for help in funding Fertility Focus, a business with the ultimate goal of increasing pregnancy rates in infertile couples by up to 50%. Fertility Focus currently offers two products approved for all major worldwide markets: the FertiloScope, a unique minimally invasive instrument for the early diagnosis and immediate corrective surgery of the physical causes of female infertility, and OvuSense, which predicts the onset of ovulation one day in advance, provides 99% accuracy for detection of the exact date of ovulation, and confirms the absence of ovulation – all in realtime.
Gonçalo de Vasconcelos, founder and CEO, SyndicateRoom, commented:
“We’re delighted to be working alongside such prestigious networks as Minerva and Envestors to help close two deals on the cutting edge of medical science.”
“I have no doubts that the future of innovation in healthcare will include crowdfunding as one of the funding mechanisms, and such investments afford great potential in terms of social impact as well as financial returns.”
“We’re very proud to be able to offer our sophisticated crowd the chance to invest in these deals, alongside veteran investors from Minerva and Envestors”
SyndicateRoom is an online equity crowdfunding platform that allows its members to co-invest in exciting startups with business angels. SyndicateRoom was founded by Gonçalo de Vasconcelos, Yutaro Kojima and Tom Britton.
Have a crowdfunding offering you'd like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!